Costco Wholesale Corporation (COST) Earnings History
Annual and quarterly earnings data from 1989 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 12.8% | 3.8% | 2.9% |
| 2024 | 12.6% | 3.6% | 2.9% |
| 2023 | 12.3% | 3.3% | 2.6% |
| 2022 | 12.1% | 3.4% | 2.6% |
| 2021 | 12.9% | 3.4% | 2.6% |
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Costco Wholesale Corporation (COST) Earnings Overview
As of February 28, 2026, Costco Wholesale Corporation (COST) reported trailing twelve-month net income of $8.30B, reflecting +0.1% year-over-year growth. The company earned $18.68 per diluted share over the past four quarters, with a net profit margin of 0.0%.
Looking at the long-term picture, COST's 5-year EPS compound annual growth rate (CAGR) stands at +15.1%, indicating exceptional earnings growth. The company achieved its highest annual net income of $8.10B in fiscal 2025, representing a new all-time high.
Costco Wholesale Corporation maintains positive profitability with a gross margin of 0.1%, operating margin of 0.0%, and net margin of 0.0%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including WMT ($22.91B net income, 0.0% margin), TGT ($4.04B net income, 0.0% margin), BJ ($575M net income, 0.0% margin), COST has room to improve margins relative to the peer group. Compare COST vs WMT →
Peer Comparison
Earnings metrics vs industry competitors
| Company | TTM Net Income | TTM EPS | Net Margin | ROE | YoY Growth | Compare |
|---|---|---|---|---|---|---|
COSTCurrent | $8.3B | $18.68 | 0.0% | 0.3% | +0.1% | — |
WMT | $22.9B | $2.86 | 0.0% | 0.2% | +0.1% | |
TGT | $4.0B | $8.88 | 0.0% | 0.3% | -0.0% | |
BJ | $575M | $4.36 | 0.0% | 0.3% | +0.0% | |
PSMT | $147M | $4.89 | 0.0% | 0.1% | +0.1% |
Historical Data
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $8.10B | +9.9% | $10.38B | $18.21 | 2.9% | 3.8% |
| 2024 | $7.37B | +17.1% | $9.29B | $16.56 | 2.9% | 3.6% |
| 2023 | $6.29B | +7.7% | $8.11B | $14.16 | 2.6% | 3.3% |
| 2022 | $5.84B | +16.7% | $7.79B | $13.14 | 2.6% | 3.4% |
| 2021 | $5.01B | +25.1% | $6.71B | $11.27 | 2.6% | 3.4% |
| 2020 | $4.00B | +9.4% | $5.43B | $9.02 | 2.4% | 3.3% |
| 2019 | $3.66B | +16.8% | $4.74B | $8.26 | 2.4% | 3.1% |
| 2018 | $3.13B | +17.0% | $4.48B | $7.09 | 2.2% | 3.2% |
| 2017 | $2.68B | +14.0% | $4.11B | $6.08 | 2.1% | 3.2% |
| 2016 | $2.35B | -1.1% | $3.67B | $5.33 | 2.0% | 3.1% |
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Start ComparisonFrequently Asked Questions
Is COST growing earnings?
COST EPS of $18.68 reflects slowing growth at +0.1%, below the 5-year CAGR of +15.1%. TTM net income is $8.3B. Expansion rate has moderated.
What are COST's profit margins?
Costco Wholesale Corporation net margin is +0.0%, with operating margin at +0.0%. Below-average margins reflect competitive or cost pressures.
How consistent are COST's earnings?
COST earnings data spans 1989-2025. The current earnings trend is +0.1% YoY. Historical data enables comparison across business cycles.